Summit View, Washington Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Summit View, Washington rental market.

Summit View, Washington

Average Apartment Rent

$1,945

Y-o-Y Change in Average
Apartment Rent

3.3%

As of March 2026

Compared to a year ago, Summit View, Washington apartments have recorded a 3.3% rent increase.

Summit View, Washington Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Summit View $1,885 $1,898 $1,892 $1,875 $1,884 $1,882 $1,920 $1,931 $1,945
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Summit View
National
Jul 2023
$1,885
$1,735
Nov 2023
$1,898
$1,724
Mar 2024
$1,892
$1,729
Jul 2024
$1,875
$1,750
Nov 2024
$1,884
$1,743
Mar 2025
$1,882
$1,749
Jul 2025
$1,920
$1,763
Nov 2025
$1,931
$1,749
Mar 2026
$1,945
$1,750

Summit View, Washington Average Apartment Rent

Summit View, Washington Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 67.46%, apartments priced $1,500 - $2,000 represent the bulk of Summit View, Washington rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 3.36%.

Summit View, Washington Housing tenure**

Renter occupied housing units 1,354
Owner occupied housing units 1,846

Renters take up 42% of Summit View, Washington real estate, occupying a total of 1,354 units, while homeowners live in 1,846 properties.

Median number of rooms of renter-occupied housing units**

4.9

Renter median household income**

$70,179

Average household size of renter-occupied housing units**

2.46

Rental vacancy rate**

3.6%

Summit View, Washington Renter-occupied housing units by no. of bedrooms**

No bedrooms 16
1 bed 260
2 beds 521
3 beds 284
4 beds 262
5 or more beds 11

There are 521 rentals in Summit View, Washington with 2 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 11 units. Overall, the median number of rooms in Summit View, Washington homes for rent is 4.9.

Summit View, Washington Renter-occupied units by age of householder**

15 - 24 years 186
25 - 34 years 354
35 - 44 years 344
45 - 54 years 182
55 - 59 years 40
60 - 64 years 70
65 - 74 years 117
75 - 84 years 61

Most condos for rent in Summit View, Washington are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (25%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.

Summit View, Washington Renter-occupied housing units by family type**

Family households 750
Non-Family Households 604

Summit View, Washington Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 425
No related children of the householder under 18 929

A total of 750 apartments for rent in Summit View, Washington, or 55% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 425 units. All in all, the median size of a renter-occupied household in Summit View, Washington is 2.46.

Summit View, Washington Renter-occupied housing units by educational attainment**

Less than high school graduate 8
High school graduate (including equivalency) 209
Some college or associate's degree 798
Bachelor's degree or higher 339

In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Summit View, Washington.

Summit View, Washington Renter-occupied units by year structure built**

Built 2010 - 2019 201
Built 2000 - 2009 283
Built 1990 - 1999 456
Built 1980 - 1989 164
Built 1970 - 1979 122
Built 1960 - 1969 108
Built 1939 or earlier 20

The highest share of Summit View, Washington apartment rentals, namely 34% or 456 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (21%, 283 units), and the ones Built 2010 - 2019 (15%, 201 units).

Summit View, Washington Renter-occupied units by year householder moved in**

Moved in 2021 or later 134
Moved in 2018 to 2020 626
Moved in 2010 to 2017 519
Moved in 2000 to 2009 67
Moved in 1990 to 1999 8

Median year renter moved into unit 2018

Most Summit View, Washington renters (46%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Summit View, Washington condos for rent is 2018.

Summit View, Washington Renter-occupied housing units by vehicles available**

1 vehicle available 553
2 vehicles available 602
3 or more vehicles available 199

When it comes to transportation options, 44% of Summit View, Washington renters have 2 vehicles available per household, 41% of them have 1 vehicle available, and 15% have 3 or more vehicles available.

Summit View, Washington Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,357
Car, truck, or van - carpooled 380
Public transportation (excluding taxicab) 49
Walked 21
Taxicab, motorcycle, bicycle, or other means 11
Worked at home 134

Summit View, Washington Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 2,763
Moved within same county 387
Moved from different state 63
Moved from abroad 51

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Summit View, Washington apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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